PolitiQuote

Discover video-sourced quotes by politicians

Scott Bessent: “The Schumer shutdown, the longest in history, has shaved…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

Watch on YouTube

Watch CNBC's full interview with Treasury Secretary Scott Bessent

Published | Video Starts at 09:45

… at them, looking in the rearview mirror, we're flying a little blind with the numbers here, but we've had two cuts thus far. And what do we know that this The Schumer shutdown, the longest in history, has shaved 1.5% off GDP, at least an 11 billion permanent hit. So we know the economy hasn't gotten better. So I'm not even sure what the discussion is here. And Mr. Secretary, I had actually maybe a curveball, maybe not. (09:45–09:55)

CLAIM

Asserts that the government shutdown led by Schumer has significantly impacted GDP.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Scott Bessent

Discover more from

Scott Bessent

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.